an
REDROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL Acrivrry (Receipts and Payments Account)
For the year ended 31 December 2023
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Note
Receipts
Donations and legacies
Charitable activities
Other income
58,735
4,391
141
39.465
12.095
273
98,2(Kl
16,486
414
112,694
16.083
172
Total Receipts
63.267
51.833
Iis,IcK)
128,949
Payments
Charitable activities
Purchase of fixed assets
Loan repayments
Loan interest and charges
61.664
35.613
97.277
93.762
10,000
31,132
31.132
344
31,132
Total Payments
61,664
67.089
128,753
135,238
Net receiptsllpaymentsl
1,603
115,256)
113.6531
16,289)
Transfers between funds
(3.3551
3,355
Net movement in funds
11,752)
(11,9011
113.653)
{6,289)
Funds brought forward
20,190
50,337
70,527
76.816
Funds carried forward
18.438
38.436
56.874
70,527

an
REDROCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSEfs AND UABIUTIES
As at 31 December 2023
Note Unrestrirted
Funds
Restrirted
Funds
Total
Funds
2023
Total
Funds
2022
Fund5 Reconciliation
Bank and Cash at start of year
Net movement in funds
20.190
11,7521
50,337
111,901)
70,527
113.6531
76,816
16,2891
Bank and Cash at end ofyear
18,438
38,436
56,874
70,527
Bank and Cash Balances
Bank Current Accounts
56,874
70,527
Fixed Assets
Fixed Assets
3.448.845
3.208,228
Other Assets
Gift Aid receivable on donations
.011
13,341
Liabilities
PCI Loan
CFI Loan
16,666
88.505
79.303
79,303
105,171
Approved by the Kirk Session at a meeting on 271b Ottober 2024 and signed on its behalf by
Sam Finlay
Arnold Black

an
REDROCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POUCIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250.0￿ the con8regation have elected in
accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland)
2015 to prepare its accounts on a receipts and payments basis.
FUND ACCOUNTING
Restritted funds comprise (a) income from endowments which is to be expended only on the restricted
purpose5 intended by the donor and Ibl revenue donations or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balances, interest on their pooled
investment is apportioned to the individual funds on an avera8e balance basi5.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Recorded giving
Loose collettions
Donations and gifts
Gift Aid
Legacies and bequests
48.464
275
2,560
7,436
28.756
1,121
3.683
5.905
77,220
1,396
6.243
13.341
82.772
3.305
5,147
16.470
5.000
58.735
39,465
98.2CKi
112,694

an
REDROCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unre5trirted
Funds
Restricted
Fund5
Total
2023
Total
2022
Income from charitable activities
Grants
4,391
8.699
3,396
13.090
3,396
10,884
5,199
4,391
12,095
16.486
16.083
OTHER INCOME
Unrestrirted
Funds
Restrirted
Funds
Total
2023
Total
2022
Deposit interest
141
273
414
172
CHARITABLE ACTIVITIES
Un￿strirted
Funds
Restricted
Funds
Total
2023
Total
2022
General AssemblyAsse55ments
Pfesbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
13,587
395
30,555
17.127
13,587
395
30,555
43.676
9,064
12,368
360
28,936
41,784
10,314
26.549
9.064
61,664
35,613
97,277
93.762

an
REDROCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
310ecember 2023
FIXED ASSET5
The congregation owns the Church premises situated at Redrock Road, Collone and the associated
fixtures and fittings. The Manse at Newry Road. Armagh is also owned by the congregation. These have
a total insurance value of £3.448,845 at last renewal date, 31 Ortober 2023.
LOANS
PCI Loan
CFI Loan
Total
2023
Total
2022
Opening balance
Loan received
Loan repayments
Loan interest
16.666
88.505
105,171
131.516
116,6661
{14,4661
5.264
(31.1321
5,264
{31,1321
4,787
Closing balance
79,303
79.303
105.171
Loan interest on PCI Loan is recorded in the Statement of Financial Activity (Re￿IptS and Payments
Account).
Loan interest on CFI Loan is charged and recorded on the CFI loan account.

an
REDROCK CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
310ecember 2023
8. FUND BALANCES
Fund
Balance
at start
Receipts Payments Surplus / Transfer
IDefl¢lt)
Balance
at end
Unrestricted Funds
No l General Account
20,1
63.267
61,664
1,603
13,3551
18,438
20,190
63.267
61,664
1,603
13,3551
18,438
Restricted Funds
No l General Account
No 2 Property Account
No 3 Sunday School Account
General Investment Account
The Rock, PW Account
Boys. Brigade
Girls, Brigade
Saturday Night Extra
Youth Club
Bowling Club
5.C(J4
31,906
542
7,859
{2,8551
43,112 (11.2061
I,S19
19771
2,855
34,304
467
7.683
257
1,291
2.920
81
2.650
23,098
490
7.683
274
1,490
2,939
81
2,165
216
1,000
577
9,072
4.078
560
8,773
3,959
17
299
119
IiTr))
454
21])
789
518
13351
1318}
1150)
(iso}
50.337
51,833
67.089 {15.2561
3.355
38.436
Total
70,527
115,100
128,753 113.6531
56,874